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How a Wild Shale Race May Be Harming the Permian’s Oil Trove

(Bloomberg) – Giacomo Togini, Aug. 3 – The frantic shale race may be causing some long-term damage to assets in the Permian and other major U.S. oil fields.

As production from wells rapidly declines, drillers are rushing to add new ones at a faster pace in order to keep increasing output. To read more, click here.